Possibility Space

Possibility Space

Develops and sells independent, story-driven games

Overview

Possibility Space is a distributed game development studio that creates high-quality, immersive video games. Its remote-first team works from various locations, connected by systems that enable clear communication and collaboration. The studio blends indie craftsmanship with advanced technology to deliver games that emphasize genuine human experiences and personal resonance. Revenue comes from selling games, in-game purchases, and potential partnerships or licensing deals. Unlike many competitors, Possibility Space emphasizes an inclusive, globally sourced workforce and a focus on meaningful, human-centered experiences, rather than purely genre-driven trends. The company’s goal is to build a loyal community of players and attract top talent by delivering thoughtfully crafted games that balance intimate storytelling with ambitious scope.

About Possibility Space

Simplify's Rating
Why Possibility Space is rated
F
Rated D- on Competitive Edge
Rated F on Growth Potential
Rated D- on Differentiation

Industries

Consumer Software

Entertainment

Gaming

Company Size

51-200

Company Stage

Seed

Total Funding

$50M

Headquarters

New Orleans, Louisiana

Founded

2021

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Simplify's Take

What believers are saying

  • Strain's 2021 founder brand still attracts press coverage and veteran-game-studio attention.
  • The remote-first model leaves a reusable blueprint for future successor studios.
  • Laid-off Possibility Space veterans remain available for competitors' hiring in 2026.

What critics are saying

  • On April 12, 2024, Jeff Strain shut Possibility Space and fired everyone.
  • Project Vonnegut died before launch, eliminating product revenue and investor leverage.
  • Prytania Media sued NetEase on January 3, 2025, extending legal and reputational damage.

What makes Possibility Space unique

  • Jeff Strain recruited veterans from ArenaNet, Undead Labs, and media in 2021.
  • Possibility Space ran fully distributed, hiring globally without a single headquarters.
  • The studio pitched AAA ambition with indie craftsmanship and human-centered storytelling.

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Funding

Total Funding

$50M

Above

Industry Average

Funded Over

2 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood
$25M
Possibility Space

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